Bellevue, WA · Cert 19835
FDIC
Q4 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2007, the quarter ended December 31, 2007, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Bellevue, WA · Cert 19835
FDIC
Q4 2007
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.13% | 1.13% | 1.16% | 1.15% | 1.16% | 1.01% | 1.00% | 0.95% | -19 bps | |
| Return on Equity | 15.94% | 15.81% | 15.97% | 15.31% | 13.68% | 11.73% | 11.62% | 11.18% | -412 bps | |
| Net Interest Margin | 3.99% | 3.95% | 3.94% | 3.98% | 3.81% | 3.80% | 3.99% | 3.91% | -7 bps | |
| Efficiency Ratio | 60.53% | 60.60% | 59.76% | 59.26% | 60.00% | 63.86% | 63.43% | 62.16% | +290 bps | |
| Non-Interest Burden | 2.21% | 2.17% | 2.13% | 2.13% | 1.96% | 2.16% | 2.30% | 2.21% | +8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.21% | 5.52% | 2.89% | -0.58% | -2.61% | -6.73% | -6.95% | -4.83% | -425 bps | |
| Loan Growth (YoY) | 7.57% | 8.68% | 6.48% | 1.62% | -0.42% | -4.41% | -1.84% | 3.24% | +163 bps | |
| Deposit Growth (YoY) | 13.19% | 5.37% | 6.41% | 5.18% | -1.34% | 0.14% | -1.92% | -5.75% | -1,093 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.02% | 0.02% | 0.11% | 0.07% | 0.07% | 0.07% | 0.10% | 0 bps | |
| Allowance / Loans | 1.13% | 1.06% | 1.08% | 1.07% | 1.10% | 1.10% | 1.10% | 1.18% | +11 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 11.05% | 10.68% | 11.54% | 12.40% | 12.63% | 12.92% | 11.66% | 11.76% | -64 bps | |
| Equity / Assets | 7.23% | 7.27% | 7.64% | 8.25% | 8.65% | 9.03% | 8.33% | 8.39% | +14 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 113.46% | 121.65% | 119.14% | 111.92% | 114.53% | 116.12% | 119.24% | 122.60% | +1,068 bps | |
| Liquid Assets / Assets | 0.88% | 0.64% | 0.70% | 1.17% | 0.83% | 1.22% | 1.12% | 0.72% | -45 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |